Limoneira predicts earnings growth despite drought and supply chain woes
Santa Paula-based agribusiness Limoneira released preliminary financial results on Aug. 24 for its most recent quarter, highlighting strong fresh lemon utilization which helped offset a smaller-than-expected avocado output. Limoneria said it expects revenue of $49 million in the third quarter of 2021, which would be a slight decrease from the same quarter a year ago, Read More →
Region’s unemployment rate ticks down, state’s stays flat
The tri-county region’s combined unemployment rate inched down from 6.2% in June to 6.1% in July, as both the labor force and the number of jobs grew in each county. Ventura County’s unemployment rate in July was 6.4%, the same as the previous month, according to data released Aug. 20 by the California Employment Development Read More →
EPA chief visits Ventura, talks drought, water infrastructure
The United States Environmental Protection Agency’s top official visited the city of Ventura‘s wastewater operations on Aug. 18 to get a first-hand look at water systems and discuss the upcoming investments in the nation’s infrastructure. EPA Administrator Michael Regan and U.S. Rep. Julia Brownley, a Democrat who represents most of Ventura County, were led on Read More →
Glass House Brands reports Q2 loss, growing revenue as it plans expansion into Ventura County
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Dignity, Anthem settle health coverage dispute
Dignity Health and Anthem Blue Cross have reached a new multi-year contract agreement that allows Anthem-insured customers to maintain in-network access to Dignity Health providers and facilities. On Aug. 16, the two organizations announced the agreement, which returns Dignity Health providers in the Tri-Counties to Anthem health plans, with no gap in coverage. The contract Read More →
Interlink reports income and revenue growth
Interlink Electronics, an Irvine-based sensor manufacturer with its primary research and development facility in Camarillo, saw both its revenue and net income rise when it released its financial results for the second quarter of 2021. Net revenue grew 21.3% year-over-year, to $2 million in the second quarter of 2021. Net income also rose to $63,000 Read More →
